Adventus Announces Closing of US$30.5M Equity Offering

October 27, 2016

Adventus Realty Trust (the “Trust”), by its trustee, Adventus Realty Services Inc., Adventus Capital Partners Ltd. (the “Manager”) and Adventus Realty Limited Partnership (the “Partnership”), by its general partner, Adventus Realty Services Inc. (together with the Trust and the Manager, the “Issuers”) today announced the successful closing of a brokered private placement offering (the “Brokered Offering”) of 1,967,285 common units of the Trust, 103,688 non-voting common shares of the Manager and 103,688 units of the Partnership (the Trust Units, Manager Shares and Partnership Units are collectively referred to as the “Securities”) to raise gross proceeds of US $30.5 million.

The Securities were issued at a price of US$14.75 per Trust Unit, US$14.74 per Manager Share and US$0.01 per Partnership Unit. The Brokered Offering was co-led by CIBC World Markets Inc. and GMP Securities L.P., together with other agents comprising BMO Nesbitt Burns Inc., National Bank Financial Inc., Industrial Alliance Securities Inc., Canaccord Genuity Corp. and Raymond James Ltd.

The Trust intends to use the net proceeds from the Brokered Offering to partially fund the acquisition of a three building complex (the “Property”), known as the Riverway Complex, in the O’Hare sub-market of suburban Chicago in early November, 2016.

“We continue to have strong support from the private equity markets,” commented Rod Johnston, President and CEO of the Trust. “This Property acquisition will significantly increase our asset base to approximately US$630 million, and will be a meaningful development towards setting the stage for a liquidity event, which we expect to initiate during 2017.”

About Adventus

Adventus is a Canadian based private Real Estate Investment Trust (REIT) and is focused on US income producing commercial real estate, in the suburban office markets of Chicago, Illinois and Atlanta, Georgia. For more information on Adventus, including our team, corporate strategy, photo gallery, details of our portfolio and press releases, we invite you to visit our new website at www.adventusrealty.com.

Cautionary Statements Regarding Forward-Looking Statements

This press release may contain forward-looking statements with respect to the REIT and its operations, strategy, financial performance and financial condition, as well as with respect to the previously disclosed acquisitions and future acquisitions of properties. These statements generally can be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “plan”, “forecast”, “expect”, “intend”, “would”, “could”, “if”, “may” and similar expressions. The actual results and performance of the REIT and the acquisitions discussed herein could differ materially from those expressed or implied by such statements. Accordingly, readers should not place undue reliance on forward-looking statements. These cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, changes in interest rates, competition and changes in securities or other laws or regulations or the application thereof. The cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf.

Unless otherwise stated, all forward-looking statements speak only as of the date of this press release. Except as required by applicable law, the REIT specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

ADVENTUS REALTY TRUST

By its Trustee: ADVENTUS REALTY SERVICES INC.

Per: Rodney B. Johnston, FCPA, FCA
President and Chief Executive Officer

Investors News Releases Adventus Announces Closing of US$30.5M Equity Offering